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AMENDMENT TO EMPLOYMENT LETTER AGREEMENT

Employment Agreement

AMENDMENT TO EMPLOYMENT LETTER AGREEMENT  | Document Parties: IOMEGA CORPORATION You are currently viewing:
This Employment Agreement involves

IOMEGA CORPORATION

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Title: AMENDMENT TO EMPLOYMENT LETTER AGREEMENT
Governing Law: California     Date: 11/10/2005
Industry: Computer Storage Devices     Sector: Technology

AMENDMENT TO EMPLOYMENT LETTER AGREEMENT , Parties: iomega corporation
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Exhibit 10.31

 

IOMEGA CORPORATION (“Iomega”)

AMENDMENT TO EMPLOYMENT LETTER AGREEMENT (“Amendment”)

 

WHEREAS, on July 18, 2005, the Compensation Committee of the Board of Directors (the “Committee”) reviewed then existing severance arrangements with certain of Iomega’s executive officers and, after deliberation, the Committee took certain actions to bring more consistency among such arrangements; and

 

WHEREAS, in taking said actions, Ms. Anna Aguirre’s severance arrangement, as set forth in her Employment Letter Agreement with Iomega dated July 23, 2001 (the “Letter Agreement”), was modified from 6 months to 9 months in the event Ms. Aguirre’s employment with Iomega were terminated under certain defined circumstances.

 

NOW, THEREFORE, the parties agree as follows:

 

 

1.

Amendment . The tenth bullet of the second p


 
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